Linde PLC $LIN Shares Sold by Fullerton Fund Management Co Ltd.

Fullerton Fund Management Co Ltd. trimmed its stake in shares of Linde PLC (NASDAQ:LIN) by 53.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 946 shares of the basic materials company’s stock after selling 1,088 shares during the period. Fullerton Fund Management Co Ltd.’s holdings in Linde were worth $403,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new stake in Linde during the second quarter worth about $25,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Linde during the third quarter worth about $29,000. Saranac Partners Ltd acquired a new stake in Linde during the third quarter worth about $29,000. Triumph Capital Management grew its holdings in Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 27 shares during the period. Finally, Caitlin John LLC acquired a new stake in Linde during the third quarter worth about $32,000. 82.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have commented on the company. UBS Group reissued a “buy” rating and issued a $600.00 price objective on shares of Linde in a report on Tuesday, June 2nd. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 price objective on shares of Linde in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $575.00 price objective on shares of Linde in a report on Monday, May 4th. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. raised their price objective on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $541.91.

Linde Stock Performance

Shares of NASDAQ:LIN opened at $518.17 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The business’s 50 day moving average price is $505.55 and its 200-day moving average price is $473.53. The firm has a market capitalization of $239.57 billion, a PE ratio of 34.41, a P/E/G ratio of 3.27 and a beta of 0.72. Linde PLC has a 1 year low of $387.78 and a 1 year high of $525.87.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. The firm had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company posted $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. As a group, equities research analysts expect that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be paid a $1.60 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. Linde’s payout ratio is currently 42.50%.

Linde Company Profile

Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.